The Prague Post - Nvidia marks Paris tech fair with Europe AI push

EUR -
AED 4.272483
AFN 80.853073
ALL 97.665328
AMD 445.199497
ANG 2.082185
AOA 1066.812425
ARS 1581.61212
AUD 1.78504
AWG 2.094071
AZN 1.975687
BAM 1.955813
BBD 2.342866
BDT 141.500942
BGN 1.954687
BHD 0.438495
BIF 3429.041155
BMD 1.163373
BND 1.498842
BOB 8.038157
BRL 6.362025
BSD 1.163233
BTN 102.621683
BWP 15.681172
BYN 3.92421
BYR 22802.105732
BZD 2.339466
CAD 1.603878
CDF 3334.804697
CHF 0.936829
CLF 0.028874
CLP 1132.706449
CNY 8.305902
CNH 8.307087
COP 4659.482335
CRC 588.116552
CUC 1.163373
CUP 30.829378
CVE 110.461781
CZK 24.490109
DJF 206.754844
DKK 7.463182
DOP 73.525797
DZD 151.126655
EGP 56.445917
ERN 17.450591
ETB 165.95518
FJD 2.630334
FKP 0.859049
GBP 0.86958
GEL 3.135235
GGP 0.859049
GHS 13.670006
GIP 0.859049
GMD 83.762384
GNF 10074.808025
GTQ 8.916059
GYD 243.262664
HKD 9.082917
HNL 30.709629
HRK 7.534697
HTG 152.184283
HUF 395.651515
IDR 19139.633836
ILS 3.942729
IMP 0.859049
INR 102.375464
IQD 1524.018291
IRR 48919.823774
ISK 143.607129
JEP 0.859049
JMD 186.591242
JOD 0.824808
JPY 172.840543
KES 150.657511
KGS 101.657948
KHR 4659.308025
KMF 492.68993
KPW 1047.007807
KRW 1624.068646
KWD 0.355946
KYD 0.969311
KZT 628.19418
LAK 25230.652726
LBP 104188.750357
LKR 351.529893
LRD 235.059908
LSL 20.603155
LTL 3.435137
LVL 0.703712
LYD 6.293838
MAD 10.52276
MDL 19.332212
MGA 5206.092501
MKD 61.52827
MMK 2442.319185
MNT 4185.24298
MOP 9.352902
MRU 46.511241
MUR 53.340489
MVR 17.919176
MWK 2020.778395
MXN 21.792996
MYR 4.92165
MZN 74.351705
NAD 20.602969
NGN 1788.929793
NIO 42.813318
NOK 11.676266
NPR 164.195093
NZD 1.985127
OMR 0.447315
PAB 1.163233
PEN 4.116593
PGK 4.923974
PHP 66.70781
PKR 327.896619
PLN 4.263865
PYG 8402.05591
QAR 4.235609
RON 5.079748
RSD 117.181944
RUB 93.708437
RWF 1682.236984
SAR 4.365348
SBD 9.575246
SCR 16.503102
SDG 698.599579
SEK 11.010503
SGD 1.499756
SHP 0.914228
SLE 27.10726
SLL 24395.34234
SOS 664.867895
SRD 44.967851
STD 24079.466908
STN 24.867092
SVC 10.178068
SYP 15125.62995
SZL 20.602897
THB 37.603739
TJS 10.94572
TMT 4.071805
TND 3.354877
TOP 2.724733
TRY 47.895822
TTD 7.896222
TWD 35.784225
TZS 2905.339585
UAH 48.107607
UGX 4119.027409
USD 1.163373
UYU 46.54051
UZS 14454.906063
VES 173.669272
VND 30649.054873
VUV 138.914638
WST 3.096669
XAF 655.969823
XAG 0.028438
XAU 0.00033
XCD 3.144073
XCG 2.096459
XDR 0.810902
XOF 650.907152
XPF 119.331742
YER 279.384123
ZAR 20.600155
ZMK 10471.775646
ZMW 27.562776
ZWL 374.605548
  • CMSC

    -0.0810

    23.659

    -0.34%

  • BCC

    -1.0000

    85.78

    -1.17%

  • SCS

    0.0300

    16.77

    +0.18%

  • BCE

    -0.5300

    24.43

    -2.17%

  • GSK

    -0.7100

    38.96

    -1.82%

  • AZN

    0.2900

    80.19

    +0.36%

  • BTI

    -1.6500

    55.24

    -2.99%

  • RIO

    -0.8300

    61.89

    -1.34%

  • RBGPF

    -1.0000

    76

    -1.32%

  • NGG

    -2.5900

    67.98

    -3.81%

  • CMSD

    0.0100

    23.63

    +0.04%

  • BP

    0.0000

    35.23

    0%

  • JRI

    -0.0900

    13.51

    -0.67%

  • RYCEF

    0.0800

    14.35

    +0.56%

  • RELX

    -1.2300

    45.44

    -2.71%

  • VOD

    -0.2400

    11.72

    -2.05%

Nvidia marks Paris tech fair with Europe AI push
Nvidia marks Paris tech fair with Europe AI push / Photo: Thibaud MORITZ - AFP

Nvidia marks Paris tech fair with Europe AI push

Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into Europe.

Text size:

"In just two years we will increase the amount of AI computing capacity in Europe by a factor of 10," Huang told a packed hall in a southern Paris convention centre, striding around the stage wearing his trademark leather jacket.

He also announced a multi-billion-dollar partnership with French AI champion Mistral AI.

People from around the globe thronged out of packed metro trains into the halls, crammed with stands in blaring colours showing off the latest innovations from startups, tech giants and more traditional firms.

Vivatech regular President Emmanuel Macron was expected later Wednesday, with a walking tour and chats with French tech startups on the agenda.

Around 14,000 startups and more than 3,000 investors were expected in Paris, while organisers forecast total visitor numbers to at least equal last year's 165,000 people.

- Nvidia headlining -

Nvidia's Huang took top billing with an opening presentation of almost two hours that drew bouts of rapturous applause from attendees.

The US firm's tie-up with Mistral will see the companies build a cloud computing platform powered by 18,000 of Nvidia's "Blackwell" high-end chips.

Basing hardware in Europe would offer firms the "strategic autonomy they need", Mistral chief Arthur Mensch told AFP, adding that the project would "strengthen European technological leadership".

Nvidia will also intensify work with existing partners like Germany's Siemens and France's Schneider Electric, Huang said.

And it will help build multiple data centres in seven European countries.

Europe is well behind competitors like the United States and China in building up the computing power needed to power generative artificial intelligence.

The continent hosts "less than five percent of global computing power, whereas we consume 20 percent," French President Emmanuel Macron's office said in a press briefing ahead of the leader's visit to Vivatech.

French digital affairs minister Clara Chappaz said France would "continue to do all we can to make the country the best place in the world to start and develop businesses and build the technology we need".

But she acknowledged that AI in particular "has never been as political as it is today".

- Trade war -

Nvidia has seen export restrictions slapped on its top-performing chips by Washington, with American politicians leery of ceding their country's lead in generative AI.

Remaining high-tech controls on China are at issue in high-stakes trade talks with Beijing.

Huang has warned that the US' superpower rival is nevertheless making swift strides to catch up.

There was little sign of impact from export restrictions on Nvidia's chip sales in its May earnings release.

But the company has warned the braking effect may be larger in the current quarter.

US politics also preoccupies many European tech leaders and policymakers.

Concerns range from Trump's mercurial tariff policy to the continent's ability to stand on its own without US tech giants -- and the massive gap in funding for AI development between the two sides of the Atlantic.

"Sovereignty, which wasn't as important in the conversation just a year or two years ago, has become an absolutely strategic priority," Vivatech managing director Francois Bitouzet told AFP.

Macron is expected to again emphasise "European technological sovereignty" on Wednesday, the Elysee said.

Such remarks from the president would build on his hyping of French and European openness to AI at a Paris global summit in February.

Mistral co-founder Mensch is set to discuss AI with Macron and Huang at a roundtable at the end of the first day of the event, with the three later dining together behind closed doors at the president's Elysee Palace residence.

Z.Pavlik--TPP